Smartgroup Balance Sheet Health
Financial Health criteria checks 4/6
Smartgroup has a total shareholder equity of A$239.2M and total debt of A$79.3M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are A$542.7M and A$303.5M respectively. Smartgroup's EBIT is A$99.5M making its interest coverage ratio 27.8. It has cash and short-term investments of A$24.3M.
Key information
33.2%
Debt to equity ratio
AU$79.34m
Debt
| Interest coverage ratio | 27.8x |
| Cash | AU$24.30m |
| Equity | AU$239.20m |
| Total liabilities | AU$303.50m |
| Total assets | AU$542.70m |
Recent financial health updates
No updates
Recent updates
Returns At Smartgroup (ASX:SIQ) Appear To Be Weighed Down
May 01
Some Confidence Is Lacking In Smartgroup Corporation Ltd's (ASX:SIQ) P/E
Apr 13Under The Bonnet, Smartgroup's (ASX:SIQ) Returns Look Impressive
Dec 14An Intrinsic Calculation For Smartgroup Corporation Ltd (ASX:SIQ) Suggests It's 48% Undervalued
Jun 08Is Smartgroup Corporation Ltd's (ASX:SIQ) 7.2% Dividend Sustainable?
Apr 12Investors Shouldn't Overlook The Favourable Returns On Capital At Smartgroup (ASX:SIQ)
Mar 29Have Insiders Been Buying Smartgroup Corporation Ltd (ASX:SIQ) Shares This Year?
Mar 16Do These 3 Checks Before Buying Smartgroup Corporation Ltd (ASX:SIQ) For Its Upcoming Dividend
Mar 03Smartgroup Corporation Ltd's (ASX:SIQ) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 25Should You Investigate Smartgroup Corporation Ltd (ASX:SIQ) At AU$7.68?
Feb 12
Smartgroup (ASX:SIQ) Has Compensated Shareholders With A Respectable 93% Return On Their Investment
Feb 01What Percentage Of Smartgroup Corporation Ltd (ASX:SIQ) Shares Do Insiders Own?
Jan 19Should You Buy Smartgroup Corporation Ltd (ASX:SIQ) For Its Dividend?
Jan 05Are Investors Undervaluing Smartgroup Corporation Ltd (ASX:SIQ) By 43%?
Dec 24Is Smartgroup (ASX:SIQ) Likely To Turn Things Around?
Dec 13Need To Know: Smartgroup Corporation Ltd (ASX:SIQ) Insiders Have Been Buying Shares
Dec 01Do Fundamentals Have Any Role To Play In Driving Smartgroup Corporation Ltd's (ASX:SIQ) Stock Up Recently?
Nov 20Financial Position Analysis
Short Term Liabilities: SIQ's short term assets (A$212.9M) do not cover its short term liabilities (A$220.4M).
Long Term Liabilities: SIQ's short term assets (A$212.9M) exceed its long term liabilities (A$83.1M).
Debt to Equity History and Analysis
Debt Level: SIQ's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: SIQ's debt to equity ratio has increased from 22.1% to 33.2% over the past 5 years.
Debt Coverage: SIQ's debt is well covered by operating cash flow (93.1%).
Interest Coverage: SIQ's interest payments on its debt are well covered by EBIT (27.8x coverage).